NOT LISTED FOR SALE

5504 E 500 S Lynn, IN 47355

Estimated Value: $269,000 - $297,302

4 Beds
3 Baths
2,696 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $279,900 $104 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,564/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Lower Floor Utility Room
  • Living Room
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Take a look at this absolutely beautiful 4 bedroom, 3 bathroom home on nearly 5 acres. This home has so much to offer with multiple living spaces, a main level bedroom and bathroom, a newer forced air furnace and central air, and a large 24 x 36 pole barn. The home also has a large deck overlooking the oversized backyard with tons of privacy. This home is priced to sell at only $279,900!

Last Agent to Sell the Property

Paul Faddis

Tarter Realty, Auction & Appraisals Co Listed on: 07/10/2024

Last Buyer's Agent

Susie Bond

Better Homes and Gardens First Realty Group License #RB20000559

Better Homes and Gardens First Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 4.85 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,696 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System

Listing and Financial Details

  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

4.85 Acres

Listing Details

  • OFFICELIST_ADDRESS: 5504 E 500 S
  • Estimated Year Built: 1973
  • Estimated Size Bedroom 1: 14x12
  • Estimated Dining Room Size: 11x11
  • Dining Rm Level: M
  • Directions: US 27 N to CR 500 S. Turn E onto 500 S.
  • Family Room Estimated Size: 24x16
  • Family Room Level: M
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, VA
  • Geo Address Line: 5504 E 500 S
  • Geo Longitude: -84.873435
  • Geo Primary City: Lynn
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 20x14
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Building Style: Traditional
  • Taxes Half: 716.67
  • Estimated Utility Room Size: 11x6
  • Utility Room Level: B
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1973

Interior Features

  • Bedroom 1 Level: U
  • Primary Bathroom: Yes
  • Has Basement: Yes
  • Estimated Size Bedroom 2: 15x10
  • Bedroom 2 Level: U
  • Estimated Size Bedroom 3: 12x11
  • Bedroom 3 Level: U
  • Estimated Size Bedroom 4: 12x10
  • Bedroom 4 Level: M
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: Wood Burning, 1
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 15x11
  • Price Per S Q F T: 103.82
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Brick, Vinyl
  • Foundation: Basement
  • Roof Type: Aluminum, Shingle

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Garage-Detached

Utilities

  • Air Conditioner: Central Air
  • Heat Type: Electric, Forced Air
  • Sewer: Septic
  • Hot Water: Well
  • Water Heater: Electric
  • Water Softener: Owned

Fee Information

  • Tax Class: RESIDENTIAL

Lot Info

  • Geo Update Timestamp: 2024-07-10
  • Estimated Number Acres: 4.85
  • Land Contract: No
  • Lot Size: x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2024
Sold by
Wright Willie J
Bought by
Bane Dylan T
Current Estimated Value
$281,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 15, 2018
Closed on
Feb 14, 2019
Sold by
Welch Stephen K and Welch Pamela D
Bought by
Wright Willie J
Seller's Agent
Diana Martin
NonMember MEIAR
Buyer's Agent
Jairo Correa
RE/MAX Evolve
List Price
$189,900
Sold Price
$182,500
Premium/Discount to List
-$7,400
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$179,193
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2015
Sold by
Welch Stephen K and Welch Pamela D
Bought by
Stephen K Welch and Stephen Pamela D Welch Revoc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bane Dylan T -- None Listed On Document
Wright Willie J -- First American Mortgage Sln
Stephen K Welch -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bane Dylan T $223,920
Previous Owner Wright Willie J $179,193
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2024 09/10/24 Sold $279,900 0.0% $104 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $279,900 +53.4% $104 / Sq Ft
02/14/2019 02/14/19 Sold $182,500 -3.9% $53 / Sq Ft View Prior Sale
12/17/2018 12/17/18 Pending -- -- --
12/15/2018 12/15/18 For Sale $189,900 -- $55 / Sq Ft
Source: Richmond Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,380 $223,100 $21,500 $201,600
2023 $1,398 $223,100 $21,500 $201,600
2022 $1,717 $227,800 $21,500 $206,300
2021 $1,567 $203,600 $26,900 $176,700
2020 $1,363 $182,800 $23,300 $159,500
2019 $849 $140,100 $21,100 $119,000
2018 $806 $134,900 $20,000 $114,900
2017 $819 $141,800 $22,200 $119,600
2016 $806 $141,800 $22,200 $119,600
2014 $744 $138,100 $24,500 $113,600
2013 $744 $136,800 $24,500 $112,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10048956

APN: 68-12-17-400-009.000-005

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